Top 10 Banks with Lowest Home Loan Interest Rates in India

Top 10 Banks with Lowest Home Loan Interest Rates

Let us find the comparison table of home loan interest rates of top 10 banks in India. It will tell you that which bank is offering home loan at the cheapest interest rate in India. You can compare banks on their low points, such as - interest rate, processing fee, time to return the loan, etc. Currently the lowest interest rate is 8.05% which is available from State Bank of India. You can also request for this online. Some of the special home loan banks in India are - SBI, HDFC, LIC, Bank of Baroda, DHFL, ICICI Bank, Panbi.

Good News! SBI reduced interest rates, now your EMI will be reduced by so much rupees. State Bank of India (SBI), the country's largest state-run bank, has reduced the interest rate for home loans up to Rs 30 lakh by 0.10 percent.

Upadates Home Loan November 2019 - In this month State Bank of India and HDFC Limited have cut interest rates on home loans by .10%. The lowest rates now start at 8.05% offered by SBI.

Bank Name	Floating Interest rate	Per lac EMI	Processing Fee
SBI - State Bank Of India	8.15% - 8.30%	Rs.846 - Rs.855	0.35% of loan amount + GST, Nil for Govt. Employees
ICICI Bank	8.55% - 9.25%	Rs.871 - Rs.916	1% of loan amount plus applicable taxes
HDFC Ltd	8.25% - 8.40%	Rs.852 - Rs.861	Up to 1.25% of the loan amount or ₹ 3,000 whichever is higher, plus applicable taxes
LIC Housing	8.35% - 8.75%	Rs.858 - Rs.884	Nil till 31.12.2019
Bank of Baroda	8.75% - 9.75%	Rs.822 - Rs.891	Upto 0.5 % of loan amount + GST
Piramal Housing Finance	9.00% - 9.10%		0.10% - 0.25% (GST)
AXIS Bank	8.90% - 9.10%	Rs.893 - Rs.906	Up to 1% of the Loan amount subject to minimum of Rs.10,000/-
DHFL	9.75%	Rs.949	Upto Rs. 20,000 + document charges + GST
IDBI	8.90% - 9.10%	Rs.893 - Rs.906	NIL
Union Bank of India	8.75% - 8.90%	Rs.884 - Rs.886	0.50% of loan amount subject to a maximum of 15000 + GST
Bank of India	8.70% - 8.75%	Rs.880 - Rs.884	0.25% of loan amount Min.Rs.1,000/- and Max. Rs.20,000/-